Trading Members of the Exchange are hereby informed that effective from Wednesday, May 10, 2023, the equity shares of Andhra Cements Limited shall be listed and admitted to dealings on the Exchange in the list of T Group of Securities. Further in terms of SEBI circular No. CIR/MRD/DP/02/2012 dated January 20, 2012; the scrip will be in Trade-for-Trade segment for 10 trading days.

Members are requested to note that, the above security will be a part of special pre-open session for IPO and Other category of scrips as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.

1.   The brief particulars of the Scheme of Reduction in Capital are as mentioned below:

      I.        The Scheme of Reduction of Capital of the Company was approved by Hon’ble National Company Law Tribunal, Amravati Bench, vide order dated 16.02.2023.

    II.        As per the Resolution Plan approved by Hon’ble NCLT, the issued, subscribed and paid-up share capital of the Company shall stand reduced from Rs. 2,93,52,04,920/- comprising of 29,35,20,492 equity shares of Rs 10/- to Rs. 4,60,86,070/- comprising of 46,08,607 equity shares of Rs. 10/- each.

2.  As per Exchange Notice No. 20230301-13 dated March 01, 2023, the Company had fixed March 03, 2023, as record date for giving effect to the reduction of share capital.

3. Trading members of the Exchange may also note that in respect of shares held in Physical form, the company will issue new certificates. The old certificates shall stand cancelled.

4.  Trading members of the Exchange are informed that the Equity Share certificates in Physical form bearing the under mentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market.

Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.

Prasad Bhide                                                                                         

Senior Manager